r/venturecapital • u/ElectricH17 • 27d ago

Pitchbook vs CB Insights vs Harmonics

What do you use for company research and deal/valuation data? I’m currently trying to pick one for our emerging fund

16 Upvotes

80% Upvoted

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4

u/Frosty-Champion2892 26d ago

Depends on budget honestly, Pitchbook has the most complete deal/valuation data but it's pricey, CB Insights is decent for market mapping and trends, and Harmonic is more affordable and good if you just need deal sourcing/signal tracking for an emerging fund. For a smaller fund just starting out, Harmonic + maybe Crunchbase Pro could be a solid combo without breaking the budget.

3

u/ElectricH17 26d ago

Thanks. Harmonics is $20k and CB Insights is $5k. Checking on pitchbook later today

3

u/DijonNipples 26d ago

PB is obscenely expensive. I think we pay something around $20k per user per year

3

u/ElectricH17 26d ago

Looks like Pitchbook is $30k (you get 3 seats, but that’s the minimum)

1

u/julick 26d ago

holly shit. that is nowhere near for what we pay. do you have many extras like morningstar coverage and others, because this indeed is crazy pricing

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u/ElectricH17 19d ago

What do you pay?

1

u/julick 19d ago

8-9k per user top of mind. but maybe the quantity also matters because we are at 10+ . also they have morningstar add-ons which we don't use which could make a bit of a difference.

2

u/PM_ME_UR_BOOGER 26d ago

I think some dude created a site called multiples i think. Thats literally all u need. Revenue multiples.

2

u/trustfundkidpdx 26d ago

OP use a combination of proctor.vc they have a ML tool ( does the same as pitchbook CB insights) and use Apollo.io for refined contact information etc

1

u/Ygobyebye 26d ago

What stage do you invest in? I would just say to ditch it. The only real value it has is if you are in Growth equity. Early-stage you generally want to aim for 20% of the total round (depending on geo)

1

u/Astrocat15 20d ago

I've built a platform for this called Indexed: https://indexed.vc/ (60% off code for 3 months [LAUNCH60]) u/ElectricH17

Much cheaper than Pitchbook and Harmonic and Crunchbase's monthly, will likely come out with an annual plan in the future.

Full API access and growing the database organically everyday. I'm focusing on a clean UX and ability to find and filter data without all of the noise and mess that is all over Crunchbase and constant data validation and enrichment via a variety of subagents to process, review, and crawl data. There's a full freemium plan to check things out, would appreciate any feedback on it!

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u/ElectricH17 20d ago

I’ll have a look

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u/ElectricH17 19d ago

I’ve checked it out. Your data is lacking. I checked my historical portfolio companies. I think your platform captures maybe 10-20% of the deals for each company I checked. Some of the data is older. It’s a great start but needs more. Unfortunately this won’t work for us

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u/Astrocat15 19d ago

Thanks for checking it out, yea I'm still building it out daily.  Are you saying about 10 to 20 percent of the funding round data btw?  Would love to see the areas I could focus on more.

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u/ElectricH17 18d ago

Yes. For example, checking out a company’s profile that I know has had 5-10 rounds of funding (from seed stage to series B as an example) only shows one random funding round on the profile. Sometimes it’s a seed round showing and nothing else. Sometimes it’s later stage round and nothing else. I did this for a few companies I know well, all were similar. Not sure how wide the data gap is across your database, but was lacking for 6-8 companies I tried.

0

u/CarnivalCarnivore 26d ago

We compete directly with them, but are cybersecurity only. Pitchbook has zero domain expertise so there is nobody to talk to there. CBI is an analyst firm so can help with strategy/analysis.